SmarterDividends
MCHP

Microchip Technology Incorporated

MCHP23 yrs growth

Technology · Semiconductors · Stock · quarterly payer

$75.90

Overvalued · -56% Add to Portfolio

Forward Yield

2.40%

Annual Dividend

$1.82

Payout Ratio

268%

5-Yr Growth

19.9%

Ex-Date

Aug 24, 2026

Frequency

Quarterly

Key facts about MCHP's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Microchip Technology Incorporated (MCHP) has a forward dividend yield of 2.40%, based on an annual dividend of $1.82 per share and a share price of $75.90.
  • As of Oct 27, 2026, MCHP's dividend safety grade from SmarterDividends is A (85 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Microchip Technology Incorporated (MCHP) has raised its dividend for 23 consecutive years as of Oct 27, 2026.
  • MCHP has never cut its regular dividend in the payment history SmarterDividends has on record.
  • MCHP's most recent ex-dividend date was Aug 24, 2026, for a dividend of $0.46 per share.
  • As of Oct 27, 2026, MCHP pays out 268% of its trailing 12-month earnings as dividends (its payout ratio).
  • MCHP's dividend has grown at an average rate of 19.9% a year over the past five years.
  • As of Oct 27, 2026, MCHP's 2.40% yield is 20% above its five-year average yield of 2.00%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for MCHP is $33.75 per share, 56% below the $75.90 share price, so MCHP screens as overvalued.
  • Microchip Technology Incorporated (MCHP) pays its dividend quarterly, 4 times a year.
  • Microchip Technology Incorporated (MCHP) has raised its regular dividend 68 times and cut it 0 times across the 96 payments on record since 2002. Its most recent change was a 0.2% increase to $0.455 per share, going ex-dividend on Nov 22, 2024.
Cite this page

SmarterDividends, "MCHP Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/MCHP

Summary

As of Oct 27, 2026, Microchip Technology Incorporated (MCHP) yields 2.40% ($1.82 a year per share), has a dividend safety grade of A (85/100) and has 23 consecutive years of dividend increases on record.

Is MCHP a good dividend stock?

Yes

Microchip Technology Incorporated (MCHP) pays a quarterly dividend yielding 2.40% ($1.82/yr), with 23 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 23 consecutive years of dividend growth
  • Never cut its dividend on record
  • Strong 19.9% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Elevated payout ratio (268%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
2.40%
Payout Ratio
268%
Annual Dividend
$1.82
5-Yr Avg Growth
19.9%
Ex-Dividend Date
Aug 24, 2026
Years of Growth
23
Frequency
quarterly
Beta
1.76
Market Cap
$41.2B
P/E Ratio
108.4
5-Yr Total Return
-11%
52-Week Range
$48.52 – $105.91
Dividend Safety
A · 85/100
Ever Cut?
No

MCHP dividend raises and cuts

Microchip Technology Incorporated (MCHP) has raised its regular dividend 68 times and cut it 0 times across the 96 payments on record since 2002. Its most recent change was a 0.2% increase to $0.455 per share, going ex-dividend on Nov 22, 2024.

Ex-dateChangeOld → newMove
Nov 22, 2024Raise$0.454 → $0.455+0.2%
Aug 22, 2024Raise$0.452 → $0.454+0.4%
May 21, 2024Raise$0.450 → $0.452+0.4%
Feb 22, 2024Raise$0.439 → $0.450+2.5%
Nov 21, 2023Raise$0.410 → $0.439+7.1%
Aug 21, 2023Raise$0.383 → $0.410+7.0%
May 19, 2023Raise$0.358 → $0.383+7.0%
Feb 17, 2023Raise$0.328 → $0.358+9.1%
Nov 21, 2022Raise$0.301 → $0.328+9.0%
Aug 18, 2022Raise$0.276 → $0.301+9.1%
May 19, 2022Raise$0.253 → $0.276+9.1%
Feb 18, 2022Raise$0.232 → $0.253+9.1%
Show all 68 changes since 2003
Ex-dateChangeOld → newMove
Nov 18, 2021Raise$0.219 → $0.232+6.2%
Aug 19, 2021Raise$0.207 → $0.219+5.8%
May 20, 2021Raise$0.195 → $0.207+5.9%
Feb 19, 2021Raise$0.185 → $0.195+5.7%
Nov 19, 2020Raise$0.184 → $0.185+0.3%
May 20, 2020Raise$0.184 → $0.184+0.3%
Nov 20, 2019Raise$0.183 → $0.184+0.3%
May 20, 2019Raise$0.183 → $0.183+0.3%
Nov 20, 2018Raise$0.182 → $0.183+0.3%
May 18, 2018Raise$0.182 → $0.182+0.3%
Nov 20, 2017Raise$0.181 → $0.182+0.3%
May 19, 2017Raise$0.181 → $0.181+0.3%
Nov 17, 2016Raise$0.180 → $0.181+0.3%
May 19, 2016Raise$0.180 → $0.180+0.3%
Nov 18, 2015Raise$0.179 → $0.180+0.3%
May 19, 2015Raise$0.179 → $0.179+0.3%
Nov 19, 2014Raise$0.178 → $0.179+0.3%
May 19, 2014Raise$0.178 → $0.178+0.3%
Feb 19, 2014Raise$0.177 → $0.178+0.3%
Aug 19, 2013Raise$0.177 → $0.177+0.3%
Feb 19, 2013Raise$0.176 → $0.177+0.3%
Nov 19, 2012Raise$0.176 → $0.176+0.3%
Aug 20, 2012Raise$0.175 → $0.176+0.3%
May 15, 2012Raise$0.175 → $0.175+0.3%
Feb 16, 2012Raise$0.174 → $0.175+0.3%
Nov 17, 2011Raise$0.174 → $0.174+0.3%
Aug 16, 2011Raise$0.173 → $0.174+0.3%
May 17, 2011Raise$0.173 → $0.173+0.3%
Dec 9, 2010Raise$0.172 → $0.173+0.3%
Nov 16, 2010Raise$0.172 → $0.172+0.3%
Aug 17, 2010Raise$0.171 → $0.172+0.3%
May 17, 2010Raise$0.171 → $0.171+0.3%
Feb 16, 2010Raise$0.170 → $0.171+0.3%
Nov 16, 2009Raise$0.170 → $0.170+0.3%
Nov 12, 2008Raise$0.169 → $0.170+0.3%
Aug 5, 2008Raise$0.165 → $0.169+2.4%
May 8, 2008Raise$0.160 → $0.165+3.1%
Feb 5, 2008Raise$0.155 → $0.160+3.2%
Nov 2, 2007Raise$0.148 → $0.155+5.1%
Aug 7, 2007Raise$0.140 → $0.148+5.4%
May 8, 2007Raise$0.133 → $0.140+5.7%
Feb 12, 2007Raise$0.125 → $0.133+6.0%
Nov 6, 2006Raise$0.118 → $0.125+6.4%
Aug 1, 2006Raise$0.108 → $0.118+9.3%
May 5, 2006Raise$0.0950 → $0.108+13.2%
Jan 31, 2006Raise$0.0800 → $0.0950+18.8%
Nov 1, 2005Raise$0.0625 → $0.0800+28.0%
Aug 10, 2005Raise$0.0475 → $0.0625+31.6%
May 11, 2005Raise$0.0350 → $0.0475+35.7%
Feb 9, 2005Raise$0.0260 → $0.0350+34.6%
Nov 10, 2004Raise$0.0230 → $0.0260+13.0%
Aug 6, 2004Raise$0.0200 → $0.0230+15.0%
May 11, 2004Raise$0.0175 → $0.0200+14.3%
Feb 10, 2004Raise$0.0150 → $0.0175+16.7%
Nov 6, 2003Raise$0.0120 → $0.0150+25.0%
May 6, 2003Raise$0.0100 → $0.0120+20.0%
Every MCHP payment →Download every raise and cut (CSV)
MCHP ex-dividend date & scheduleNext ex-date Aug 24, 2026 · full ex-dividend historyView →MCHP dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MCHP a good dividend stock?

Yes. Microchip Technology Incorporated (MCHP) pays a quarterly dividend yielding 2.40% ($1.82/yr), with 23 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is MCHP undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MCHP's fair value is about $33.75 versus a $75.90 share price — so it looks overvalued (-56% vs. fair value).

Is MCHP's dividend safe?

MCHP has a dividend-safety grade of A (85/100), based on its payout coverage, free-cash-flow, 23-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is MCHP's fair value?

Our blended fair-value estimate for MCHP is about $33.75 per share, about 56% below the current $75.90 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MCHP a buy, hold, or sell?

We don't issue formal ratings, but on the data MCHP screens as "yes" and overvalued. Microchip Technology Incorporated (MCHP) pays a quarterly dividend yielding 2.40% ($1.82/yr), with 23 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will MCHP cut its dividend?

MCHP earns a dividend-safety grade of A (85/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MCHP pay a dividend?

Yes. Microchip Technology Incorporated pays a quarterly dividend of about $1.82 per share annually, a forward yield of roughly 2.40%.

What is MCHP's dividend yield?

As of Oct 27, 2026, MCHP's forward dividend yield is 2.40%, based on a $1.82 annual dividend and a $75.90 share price.

What is MCHP's dividend per share?

As of Oct 27, 2026, MCHP pays $1.82 per share per year, distributed on a quarterly basis.

What is MCHP's dividend payout ratio?

As of Oct 27, 2026, MCHP's payout ratio is 268% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has MCHP grown its dividend?

As of Oct 27, 2026, MCHP has increased its dividend for 23 consecutive years.

When is the next MCHP ex-dividend date?

As of Oct 27, 2026, MCHP's next ex-dividend date hasn't been announced. The most recent was Aug 24, 2026, for $0.46 per share.

Income Calculator

At $1.82 / yr per share

Per payment (quarterly)$45.50
Annual$182.00
Monthly avg$15.17

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